Which type of government intervention can be used to lower the price for private sales or purchases of underproduced goods?
A) public financing of private provision
B) restrictions or mandates of private sale or purchase
C) taxes
D) subsidies

Question

Quizplus · Accepted Answer

Subsidies can be used to provide financial incentives to producers to increase production and therefore lower the price for private sales or purchases of underproduced goods. This can ultimately benefit consumers as they can purchase these goods at a lower price.

Which Type of Government Intervention Can Be Used to Lower